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The State of Orlando’s. Rental Apartment Market. 2011 & BEYOND. PRESENTED BY: DARYL SPRADLEY. CHARLES WAYNE CONSULTING, INC. APARTMENT DEVELOPMENT CYCLES. OVER SUPPLY. EXPANSION. 93%. RECESSION. RECOVERY. POPULATION GROWTH. JOB GROWTH. JOB GROWTH. OVER SAME MONTH OF PRIOR YEAR.
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The State of Orlando’s Rental Apartment Market 2011 & BEYOND PRESENTED BY: DARYL SPRADLEY CHARLES WAYNE CONSULTING, INC.
APARTMENT DEVELOPMENT CYCLES OVER SUPPLY EXPANSION 93% RECESSION RECOVERY
JOB GROWTH OVER SAME MONTH OF PRIOR YEAR
ANNUAL DEMAND CHARLES WAYNE CONSULTING, INC.
APARTMENT MARKET DRIVERS = LOW VACANCIES + HIGH RENT GROWTH Limited new construction High move-ins due to foreclosures Evidence of “unbundling” Lack of for-sale housing appreciation Solid population/employment growth High absorption
TRENDS • Land Supply ? • Land Values? • Rent Incentives? • Trendy Units? • Hot Amenities? • TOD Developments? ?
CHARLES WAYNE CONSULTING, INC. www.CharlesWayneConsulting.com (407) 660-0186